1a.) Transaction 1

1b.) Transaction 2 1c.) Transaction 31d.) Transaction 4

1e.)

1f.)

1g.)

1h.)

1i.)

The company quickly acquired $38,000 in inventory, 70% of which was acquired on open accounts that were payable after 30 days. The rest was paid for in cash. Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Transaction 7 Miscellaneous expenses were $1,000, all paid for with cash. Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: On March 1, fixtures and equipment were purchased for $4,500 with a downpayment of $1,500 and a $3,000 note, payable in one year. Interest of 4.5% per year was due when the note was repaid. The estimated life of the fixtures and equipment is 8 years with no expected salvage value. [Note: Record the complete March 1 entry for the equipment purchase first, the complete March 31 depreciation adjusting entry second, and the complete March 31 interest adjusting entry third.] Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Transaction 9 Cash dividends totaling $5,000 were paid to stockholders on March 31. Account: Dollar amount: Account: